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Welcome to Novamerican Steel Inc., a major player in the Northeastern North American steel service centre industry, committed to meeting the needs of our customers with quick and innovative solutions.
Novamerican Steel, through its 23 operating units within the Nova Steel Group and American Steel and Aluminum Corporation, offers a wide range of innovative steel service solutions on a just-in-time delivery basis. More precisely, we process and distribute carbon steel, stainless steel and aluminum products and operate as an intermediary between primary metal producers and manufacturers.
In addition to flat-rolled processing and roll forming to customer specifications, Novamerican produces steel tubing used for a variety of markets. As a result, most of our customers fall into one of the following categories:
* Manufacturers of automobiles and automotive parts
* Manufacturers of construction equipment
* Manufacturers of agricultural equipment
* Resellers
* General steel fabricators
* Appliance manufacturers
* Electrical manufacturers
* Manufacturers of heavy equipment
* Office equipment manufacturers
To meet the exacting standards of our customers, Novamerican operates in 12 different locations in Central Canada and 2 locations in the U.S. as a flat-rolled service centre and manufacturer of tubing and specialized end products, focusing on value-added processing to meet specific customer needs.
Our Canadian service centres and manufacturing locations service a broad base of 1,300 customers in Central Canada and the U.S. We also operate in nine locations in the Northeastern and Mid-Atlantic United States as a distributor of carbon steel, aluminum and stainless steel products, from which we provide local service to a broad base of 7,500 U.S. customers.
The strength of the Company's customer base reflects our commitment to quality, reliability and service. Most of Novamerican's customers are located within a 250-mile radius of one of our facilities, allowing us to operate an efficient delivery system capable of handling a high volume of short lead-time orders.
To provide the best possible service to our customers, Novamerican employs more than 1,125 people in the United States and Canada. More than 134 of them are sales representatives who are able to build and maintain strong relationships with our customers.
Novamerican Steel Inc.
28 West 44th Street
16th Floor
New York, NY 10036
United States - Map
Phone: 646-429-1505
Web Site: http://www.novamerican.com
Contact Information
Contact us with questions about Novamerican Steel, or to give feedback regarding our Web site. We will respond via telephone, mail or e-mail, depending on the nature of your question or comment.
For Product or Plant Information:
Mail: 6001 Irwin, Lasalle, Québec H8N 1A1
Phone: (514) 335-6682 or 1-800-361-1496
Fax: (514) 683-5285
For Investor Relations, Corporate Information or Feedback on our Web site:
Mail: 6001 Irwin, Lasalle, Québec H8N 1A1
Phone: (514) 368-6455
Fax: (514) 368-3635
E-mail: karen_narwold@novamerican.com
Shares Outstanding: 21.45M
Float: 2.79 million
% Held by Insiders1: 32.21%
% Held by Institutions1: 54.60%
VALUATION MEASURES
Market Cap (intraday)5: 86.88M
Enterprise Value (4-Jun-08)3: 429.04M
Trailing P/E (ttm, intraday): N/A
Forward P/E (fye 24-Nov-09) 1: N/A
PEG Ratio (5 yr expected): N/A
Price/Sales (ttm): N/A
Price/Book (mrq): 0.66
BALANCE SHEET
Total Cash (mrq): 18.55M
Total Cash Per Share (mrq): 0.865
Total Debt (mrq): 373.15M
Total Debt/Equity (mrq): 3.31
Current Ratio (mrq): N/A
Book Value Per Share (mrq): 5.256
